Image Image Image Image Image Image Image Image Image Image Image Image

| May 25, 2018

Scroll to top

Top

Service Archives -

Man Punches Service Dog, Pregnant Deaf Woman: Cops

May 20, 2018 |

Violence erupted on a Frontier flight Thursday and spilled into Orlando International Airport when a passenger allegedly punched a deaf pregnant woman and her service dog, the Orlando Sentinel reports. It began when passenger Timothy Manley’s wife complained about being allergic to the Great Dane, so he punched it, making…
Newser

Time Travelers Welcome at Stephen Hawking Service

May 14, 2018 |

No time travelers showed up at the party Stephen Hawking held for them in 2009, but they’ll still be welcome when he is laid to rest. In what was apparently a form of invitation, not an error, people entering the lottery to attend the late professor’s memorial service at Westminster…
Newser

Hawking’s Family Offers Ticket Lottery for Service

May 9, 2018 |

The family of the late British physicist Stephen Hawking has opened a lottery for 1,000 tickets for a service of thanksgiving in his honor at Westminster Abbey. Hawking’s ashes are to be interred June 15 at the London church between the graves of Isaac Newton and Charles Darwin. The…
Newser

CNN

US service member killed in Afghanistan

May 1, 2018 |

A US service member was killed on Monday in eastern Afghanistan during a combat operation, according to a statement from US Forces-Afghanistan.
CNN.com – RSS Channel – World

Satisfaction with airlines drops. Travelers cite in-flight service and uncomfortable seats

April 28, 2018 |

Around the time the nation began buzzing about a United Airlines passenger who was dragged from his seat last year, bloodied and injured, a nationwide survey began calling travelers and asking their opinions on the airline industry.

So it may be no surprise that the latest annual American Customer…


L.A. Times – Business

U.K.’s National Health Service Is in Trouble

April 22, 2018 |

Seventy years after its foundation, Britain’s beloved National Health Service, which delivers free care for all, struggles with chronic shortages, and politicians and experts are debating whether more public spending alone is the right solution.
WSJ.com: What’s News Europe

Korean Customs Service Toughens Regulations on Importing Mining Chips

April 21, 2018 |

Korean Customs Service Increases Regulations on Importing Mining Chips

The Korean Customs Service has added cryptocurrency mining hardware to its list of items required to meet safety requirements in order to be imported into the country. The announcement comes following a $ 1.2 million USD seizure of mining hardware in recent months, prompting concerns over the potential for poorly manufactured hardware to increase fire risks across the country.

Also Read: Big Money Meets Secretly with Regulators to Protect Ethereum

South Korea Announces New Regulatory Apparatus Regarding Safety Requirements on Imported Goods

Korean Customs Service Increases Regulations on Importing Mining ChipsSouth Korea’s customs department has revised its customs clearance system, placing greater regulatory conditions on the importation of cryptocurrency mining hardware, in addition to other goods. Korea’s customs service recently announced the introduction a newly created 292 point clearance system for goods, resulting in the number of goods subjected to the clearance system to grow to 7,382.

Cryptocurrency mining hardware has been targeted under the new system, owing to a perception that poorly manufactured hardware may pose an increased risk of fire due to the large amounts of heat discharged during the mining process.

Korean authorities have pointed to 454 cryptocurrency mining rigs that were detected by the Korean Customs Service during late last year, which had an estimated value of 1.3 billion KRW (approximately $ 1.2 million USD) – describing as being illustrative of the scale of demand for mining hardware, in additional to the risk potential posed by mass distribution of unregulated machinery that emits significant heat.

Mining Mania Hits South Korea

Korean Customs Service Increases Regulations on Importing Mining ChipsSouth Korea was among the nations to be hardest hit by the frenzy surrounding virtual currencies in recent months. Desperate to cash in on the crypto boom by whatever means possible, some brazen miners have sought to access cheap electricity illegally to dig for crypto.

At the start of April, fourteen Koreans from thirteen different companies were caught illegally stealing using power from various industrial complexes in South Korea. Local reports have alleged that since May 2017, between 100 and 350 mining rigs have been operated at each of the accused companies for the purposes of cryptocurrency. By misrepresenting their mining activities as day-to-day business operations, the miners were able to access subsidized electricity at a 10% discounted price when compared to general use prices. The companies are expected to receive fines from Korean police.

Do you think that increased regulation in the cryptocurrency sphere is beneficial or detrimental to virtual currencies? Share your thoughts in the comments section below!


Images courtesy of Shutterstock, customs.go.kr


Need to calculate your bitcoin holdings? Check our tools section.

The post Korean Customs Service Toughens Regulations on Importing Mining Chips appeared first on Bitcoin News.

Bitcoin News

According to the numbers, the nation’s airlines offered better service last year

April 15, 2018 |

Grouse all you want about cramped airline seats and the increasing fees for everything from snacks to onboard movies, but the longest-running study on airline quality in the U.S. gave the nation’s biggest carriers the highest score in the 27-year history of the study, which is based on other measures.


L.A. Times – Business

Secret Service investigates red paint splashed on Trump International Golf Club sign in Florida

April 1, 2018 |

Red paint was splashed across the sign outside President Donald Trump’s golf club near his Florida estate.
FOX News